BATM

Company Overview

Snapshot

Founded in January 1992 by Zvi Marom, BATM operates with 51–200 employees. The company has raised $18 million across two funding rounds and went public on the London Stock Exchange in July 1999.

Business overview

BATM Advanced Communications specializes in providing real-time technologies across two primary divisions: networking and cyber-security solutions, and biomedical and biowaste treatment solutions. Its biomedical division focuses on developing and supplying diagnostic laboratory equipment and services, alongside products for treating biological pathogenic waste in medical, agricultural, and pharmaceutical industries. The networking and cyber division delivers telecommunication network solutions, emphasizing advanced software and cyber security, primarily serving tier-one businesses and governments globally. The company operates in the Cyber Security sector, with additional classifications in Health Tech & Life Sciences, Medical Devices, and Diagnostics Devices.

Strategic signal

In October 2023, BATM invested US$3.5 million in the diagnostics business ADOR, signaling a strategic commitment to expanding its biomedical division. This investment highlights the company's focus on strengthening its position in the diagnostics market and diversifying its revenue streams beyond its core cyber security and telecommunication offerings, indicating a forward-looking strategy for growth in healthcare technology.

Company Intelligence Q&A

What was a significant recent contract win for BATM's cyber security division?

In September 2023, BATM secured a cyber security contract with a government defense department, reinforcing its position as a key provider of advanced cyber security solutions to critical infrastructure clients.

What was BATM's investment in the diagnostics sector in late 2023?

In October 2023, BATM invested US$3.5 million in ADOR, a diagnostics business, demonstrating its strategic focus on expanding its biomedical division and enhancing its capabilities in the diagnostics market.

When did BATM acquire Telco Systems?

BATM acquired Telco Systems in April 2000, integrating its telecommunication solutions into BATM's offerings.

What was a key leadership change at BATM?

In October 2022, Zvi Marom, the founder, stepped down as CEO of BATM, marking a significant transition in the company's leadership.

What was BATM's most recent funding event?

In June 2019, BATM completed a PIPE funding round with Shore Capital acting as the lead investor.